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QUESTION 1 v In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each expenditure to the

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QUESTION 1 v In January, 2020, Harmony Inc. has the following expenditures related to manufacturing a new generation of widgets. Match each expenditure to the appropriate accounting treatment on the right. Takes possession of a widget manufacturing A. Capitalize to the Machine account machine. The vendor sends an invoice for $550,000. B. Expense. Pays sales tax of $33,000 on the machine to the C. No accounting entry is necessary, government D. Capitalize to a different asset account Pays employees $95,000 for research and development to finalize the widget design. Receives an invoice for $4,250 from the company that shipped the machine. Pays employees $16,500 to install, customize, and test the widget-manufacturing machine. Pays $3,000 for a one-year warranty insurance) plan for the machine, with coverage beginning when the machine is placed into service on February 1

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